Is Boston Beer Stock a Buy, Hold or Sell at a 24.98X P/E Multiple?

The Boston Beer Company, Inc. (SAM) is currently trading at a forward 12-month price-to-earnings (P/E) ratio of 24.98X, higher than the industry average of 15.12X and the S&P 500’s 22.40X. A P/E ratio higher than the industry average often reflects investor confidence in a company's growth potential or market positioning. However, it also implies higher expectations and any earnings shortfall could lead to significant downward pressure on the stock price.SAM Stock's P/E PerformanceImage Source: Zacks Invest ...